Coronavirus: latest news, insights and analysis | Checkout Magazine

Campari Sees M&A Opportunities Arising From Coronavirus Crisis

The coronavirus crisis could create acquisition opportunities for Campari, including in the growing market for tequila, the chief executive of the Italian&...

Treasury Wine Issues Profit Warning As Virus Hits Demand

Treasury Wine Estates Ltd flagged a plunge in core earnings for fiscal 2020 and withheld guidance for the year to June 2021, as coronavirus-related curbs o...

Coronavirus Reduces Sparkle In Spains Cava Industry

Spain's lockdown, one of Europe's strictest, crushed the tourism trade and closed restaurants for around two months, meaning less thirst for cava - the bel...

Campari Braces For Full Impact Of Coronavirus As Aperitif Sales Stall

Drinks group Campari has warned that it will feel a more severe impact from the coronavirus crisis in coming quarters, after reporting a 5% drop in sales b...

Rémy Cointreau Warns Of Halving Of Q1 Sales Due To Coronavirus

French spirits company Rémy Cointreau warned first quarter sales would fall by around 50-55% due to wholesaler de-stocking in Greater China and a sh...

Pernod Ricard Sales Hit By Coronavirus, Share Buyback Halted

French spirits maker Pernod Ricard has announced plans to suspend a share buyback of up to €500 million ($541 million) and ke...

Mexico Without Corona: Brewers Suspend Production During Pandemic

Mexicans fretted about beer supplies on Friday after Dutch brewer Heineken said it will suspend production at its seven plants in Mexico to comply with cor...

Drinks Group Pernod Sees 20% Hit To Operating Profit Due To Coronavirus

French spirits group Pernod Ricard warned on Tuesday of a hit of around 20% to its current operating profit as a result of the slump in business caused by...

Moët Owner To Make Disinfectant Gels To Aid French Coronavirus Fight

Drinks - Coronavirus